IMF, World Bank & IFI Round-Up

Developing countries accused the European Union on Feb. 2 of seeking to use tough intellectual property laws to seize generic drugs, putting lives at risk in emerging nations where the cheaper medicines are often destined. At a meeting of the World Trade Organization (WTO) , Brazil and India criticized the European Union over an Indian generic drug to treat high blood pressure that was in seized late last year while transit in the Netherlands for Brazil.

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